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China s largest chipmaker SMIC chairman resigns amidst U S pressure

SMIC chairman resigns

Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure from China's largest chipmaker in recent years as it battles US pressure, reports Reuters. Gao, who was appointed as chairman in March 2022 and previously served as the company's chief financial officer, also resigned from his executive director role…

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